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Biolubricants are biotechnological products used as lubricants in industrial and automotive applications. They are derived from renewable resources such as vegetable oils, animal fats, and microorganisms. Biolubricants are biodegradable, non-toxic, and have low environmental impact compared to traditional petroleum-based lubricants. They are also more efficient in terms of energy consumption and have a longer service life.
Biolubricants are gaining popularity due to their environmental benefits and cost-effectiveness. They are used in a variety of industries, including automotive, industrial, and marine. They are also used in the food and beverage industry, as well as in medical and pharmaceutical applications.
The biolubricant market is expected to grow in the coming years due to increasing demand for eco-friendly products. The increasing awareness of environmental issues and the need for sustainable solutions are driving the growth of the market.
Some of the major companies in the biolubricant market include Royal Dutch Shell, BP, Chevron, ExxonMobil, Total, and Fuchs Petrolub. Show Less Read more